Looking for a lucrative investment property in the vibrant city of Oakland? Look no further! Month-to-Month Tenant & Excellent Frontage. This exceptional standalone building is currently leased to Mayflower Spa Body & Foot Massage, and has options for extending the current business or perfect for an owner-user space w/excellent signage visibility on a major arterial. An ideal addition to your investment portfolio at a 6.25% - 8% Pro Forma Cap. Build, owner-occupy, or expand! Situated Ivy Hill, this property enjoys excellent visibility & accessibility, ensuring a steady stream of customers for the tenant. Steady Income: Mayflower Massage has a well-established client base and a history of consistent rental payments, offering you a reliable source of income from day one. Upside Potential: Oakland's real estate market is on the rise, offering the potential for property value appreciation in the coming years.This investment could prove to be even more lucrative in the future.
2,680 Sq Ft Exterior Space
Commercial
Built in 1930
MLS/Listing ID ML81944019
1 Stories
Listing Courtesy of COMPASS, CAROL REEN - 415-728-6199
Source of Data: MLSLISTINGS